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Buying or Selling a Home/cancel contract
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Question
I have signed a contract to sell my home with a realtor on 04-19-2008 at my residence. I decided on 04-21-2008 that I do not want to sell. Do I have a time frame which to cancel?
It is strongly recommended that you counsel with a REAL ESTATE attorney to protect your interests, Patricia, since you may be the defendant in a court case if the buyer really wants to buy your house. Plus, since you have signed a document that probably obligates you to pay a commission to a real estate agent, you will have that obligation to concerned about even if the buyer decides to let you off the hook. These things, the attorney will advise you. I don't know what else may occur per your state's laws. I do wish you well.
Dick Dennis dixiedee13@aol.com
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Buying or Selling a Home
Answers by Expert:
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Dick Dennis
Expertise
With more than 37 years as a real estate broker, I can solve most any problem presented. If I can`t, I do my research. Problems with mortgages, trust deeds, foreclosures, odd ways of conveying titles. Most any good Realtor can answer questions satisfactorily, but I answer questions that most cannot. Also, ask about my hard-copy newsletter.
Experience
Problem solving since 1980
Organizations
National Association of Realtors
Publications
Publishes The Landed Gentry, guest writer in Who's Who in Creative Real Estate, First Tuesday, Financial Freedom and many newspapers
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